Beachfront Development Land | $8,900,000
Richard Sankar Agent Photo
Richard
Sankar
Turks & Caicos Sotheby's Int'l
Venture House, P.o. Box 279, G
Providenciales,
Turks and Caicos

Details

%
Years (35 year max)
Years



AreaProvidenciales
Sub Area60713 - Cheshire Hall and Richmd Hill: Turtle Cove
State/ProvinceProvidenciales
CountryTurks and Caicos
Price$8,900,000
Property TypeSingle Family Home
Bedrooms1
Bathrooms1
Half Baths0
Floor Space2600 Square Feet
Lot Size1.42 Acres
Year Built1969
MLS® #2400207

Every once in a while, we get the opportunity to represent a property that is so incredibly rare and unique that it is humbling and awe inspiring. Having never been offered for sale since purchased in the 1960's, this is one of those properties! Not only does this 1.42 acre property have 150’ of coveted Grace Bay Beachfront and the natural beauty of Smith’s reef directly out front, it also has 95’ of canal frontage on Turtle Cove Canal. Beachfront and boating - truly the best of both worlds. The property is also renowned for having one of the oldest residences on the island of Providenciales. Sitting in this charming native stone and open wood beam “cottage” built in 1969, you feel transported through time back to that simpler, idyllic, relaxed old island lifestyle by the beach. With some imagination and an eye to preserving the history of this property, the cottage could easily be incorporated into a newer Villa design providing an organic touch to something that will undoubtedly be modern and much larger. As the cottage is located on the western side of the property, it could easily become a main bedroom wing, or living room and library with the solid, stone walls adding character and soul. Another key feature to this once in a lifetime property is the dedicated greenspace bordering the east side that will never be developed. This will ensure the new owner of this property will enjoy the peace of mind that their investment will remain private and quiet with no neighbours to the east. Grace Bay beachfront, canal-front, privacy and an estate sized lot, this is truly an opportunity that will never be seen again on Providenciales.


Listed by Turks & Caicos Sotheby's Int'l


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About

Richard Sankar is originally from Trinidad. He immigrated to Toronto in 1982 to attend Ryerson University where he obtained a Bachelor of Business Management and worked in various roles in the IT industry. In 1993 he obtained an Ontario Real Estate Sales license and worked primarily with residential real estate clients in Toronto and Picton, Ontario. In 1997 he moved to Providenciales, Turks and Caicos Islands and was the top producing agent at Prestigious Properties for more than a decade. In 2007 he co-founded Tropical Paradise Realty, a boutique agency that offered more client oriented services. In order to bring more analytical expertise and market knowledge to his clients, Richard completed a MS in Real Estate Development. In the fall of 2012 he merged Tropical Paradise Realty with Turks and Caicos Sotheby’s International Realty. Richard was a founding member of the Turks and Caicos Real Estate Association and is Treasurer of the board. He has a strong community spirit and enjoys helping others succeed. This passion will have an opportunity to flourish at TCSIR through its charitable foundation. It is his mandate to improve the quality of education and lives of children in local public schools.